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Amazon, Intel, and Apple all reported earnings after the bell today. Swipe through for the results ➡️
Amazon stock tumbles on weaker-than-expected sales outlook finance.yahoo.com/news/amazon-stock-tumbles-on-wea…
Intel stock plunges as the company announces cost-cutting plan to slash jobs, suspend dividend finance.yahoo.com/news/intel-stock-plunges-10-as-c…
Apple beats Q3 expectations despite a decline in iPhone sales finance.yahoo.com/news/apple-beats-q3-expectations…
The Bank of England cut interest rates for the first time since early 2020 as inflationary economic pressures have eased.
The bank said that by a 5-4 margin, its policymaking panel backed a quarter-point reduction in its main interest rate to 5%, from the 16-year high of 5.25%. finance.yahoo.com/news/bank-england-mulling-first-…
Nvidia stock rallied more than 12% on Wednesday following better-than-expected guidance from peer AMD and a bullish call from analysts at Morgan Stanley after a more than 20% drop in the stock. finance.yahoo.com/news/nvidia-stock-soars-12-after…
Facebook and Instagram parent Meta reported its second quarter earnings after the bell on Wednesday, beating Wall Street's expectations on the top and bottom lines. But the company warned it expects to see "significant" capital expenditures growth in 2025. ouryahoo.slack.com/archives/D046BP1AC4Q/p172245127…
The Federal Reserve held interest rates steady Wednesday but hinted that it is drawing nearer to a rate cut as it makes more progress toward its goal of getting inflation down. finance.yahoo.com/news/fed-holds-rates-steady-stay…
Earnings season is well underway, with Microsoft kicking off more tech earnings this week, plus results from AMD and Starbucks. Swipe through for the results ➡️
Microsoft shares tumble after cloud revenue comes up short finance.yahoo.com/news/microsoft-stock-drops-over-…
Starbucks reports another quarter of declining sales, as it pushes popping pearls and value plays finance.yahoo.com/news/starbucks-reports-another-q…
AMD stock jumps on earnings beat driven by AI chip sales finance.yahoo.com/news/amd-stock-jumps-on-earnings…
Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent.
The terms of the settlement, disclosed on Tuesday, mark the largest accord ever by any single state, according to the lawyers for Texas.
finance.yahoo.com/news/meta-platforms-pay-1-4-1355…
The federal minimum wage has not risen from $7.25 for 15 years. That run extends the longest such streak since the federal minimum wage was implemented in 1938.
However, because of inflation and changes in the cost-of-living, the federal minimum wage is worth far less now than at any point since 1949.
✍️: Fortune finance.yahoo.com/news/75-low-federal-minimum-wage…
Investing based on presidential elections is a great example of the importance of staying invested long-term.
Starting with $10K in 1961, here's where your money would've ended up in 2023 if you invested only when one party was in the White House:
Republican: $102K
Democrat: $500K
If you stayed invested the whole time: $5.1 million. finance.yahoo.com/news/yahoo-finance-chartbook-32-…
Disney and Warner Bros launched a streaming bundle made up of Disney+, Hulu, and Max on Thursday.
The bundle will save customers up to 38% compared to the cost of signing up for each streaming service separately, the companies said. finance.yahoo.com/news/disney-warner-bros-launch-s…
Yahoo Finance aims to help investors of all kinds build and maintain their wealth. Yahoo Finance videos on YouTube dissect markets, data, trends, and real-life financial issues for individual investors, industry leaders, and households through insightful interviews and detailed supercuts across various themes.